Reynolds American Inc. was formed in 2004 and began trading on the New York Stock Exchange the same year.
In 2004 the U.S. business of British American Tobacco (Brown & Williamson) was combined with R.J. Reynolds Tobacco Company under the R.J. Reynolds name.
At the time, the two companies were the second and third largest U.S. tobacco companies.
When combined, R.J. Reynolds became a subsidiary of Reynolds American, along with Santa Fe Natural Tobacco Company, the manufacturer of American Spirit.
In 2006 the company expanded the smokeless tobacco with the acquisition of Cornwood, the second-largest smokeless tobacco company in the United States.
Today Reynolds American Inc. is a holding company that has the second-largest manufacturer of cigarettes and smokeless tobacco in the United States. The company’s top selling brands include Camel, Doral, Kool, Pall Mall, Salem, and Winston.
The company trades publicly on the New York Stock Exchange under the symbol RAI, is a member of the S&P 500, is #272 in the Fortune 500, has 5,00 employees, and had $8.236 billion in revenue in 2013.
In December 2021, Reynolds American has decided to sell its group annuity pension contract to a third-party vendor, which has startled some local retirees.
Reynolds American maintains a corporate office in Winston-Salem, North Carolina.
Reynolds American Inc.Reynolds American Inc. was formed in 2004 and began trading on the New York Stock Exchange the same year.
In 2004 the U.S. business of British American Tobacco (Brown & Williamson) was combined with R.J. Reynolds Tobacco Company under the R.J. Reynolds name.
History
At the time, the two companies were the second and third largest U.S. tobacco companies.
When combined, R.J. Reynolds became a subsidiary of Reynolds American, along with Santa Fe Natural Tobacco Company, the manufacturer of American Spirit.
In 2006 the company expanded the smokeless tobacco with the acquisition of Cornwood, the second-largest smokeless tobacco company in the United States.
Today Reynolds American Inc. is a holding company that has the second-largest manufacturer of cigarettes and smokeless tobacco in the United States. The company’s top selling brands include Camel, Doral, Kool, Pall Mall, Salem, and Winston.
The company trades publicly on the New York Stock Exchange under the symbol RAI, is a member of the S&P 500, is #272 in the Fortune 500, has 5,00 employees, and had $8.236 billion in revenue in 2013.
In December 2021, Reynolds American has decided to sell its group annuity pension contract to a third-party vendor, which has startled some local retirees.
Reynolds American maintains a corporate office in Winston-Salem, North Carolina.